Quent Capital LLC Sells 747 Shares of Cisco Systems, Inc. $CSCO

Quent Capital LLC cut its position in Cisco Systems, Inc. (NASDAQ:CSCO) by 3.0% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 23,793 shares of the network equipment provider’s stock after selling 747 shares during the quarter. Quent Capital LLC’s holdings in Cisco Systems were worth $1,651,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. QRG Capital Management Inc. raised its holdings in Cisco Systems by 17.9% in the second quarter. QRG Capital Management Inc. now owns 1,010,544 shares of the network equipment provider’s stock worth $70,112,000 after purchasing an additional 153,543 shares in the last quarter. Wallington Asset Management LLC bought a new position in Cisco Systems in the second quarter worth about $9,974,000. Cape ANN Savings Bank raised its holdings in Cisco Systems by 9.5% in the second quarter. Cape ANN Savings Bank now owns 4,075 shares of the network equipment provider’s stock worth $283,000 after purchasing an additional 355 shares in the last quarter. Corundum Group Inc. raised its holdings in Cisco Systems by 0.9% in the second quarter. Corundum Group Inc. now owns 19,638 shares of the network equipment provider’s stock worth $1,362,000 after purchasing an additional 170 shares in the last quarter. Finally, Segment Wealth Management LLC grew its stake in shares of Cisco Systems by 2.4% during the second quarter. Segment Wealth Management LLC now owns 7,957 shares of the network equipment provider’s stock worth $552,000 after acquiring an additional 187 shares during the last quarter. 73.33% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Cisco Systems

In other news, EVP Thimaya K. Subaiya sold 1,744 shares of the stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $66.78, for a total transaction of $116,464.32. Following the sale, the executive vice president directly owned 158,009 shares in the company, valued at approximately $10,551,841.02. This represents a 1.09% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Deborah L. Stahlkopf sold 2,718 shares of the firm’s stock in a transaction that occurred on Thursday, September 11th. The shares were sold at an average price of $68.08, for a total value of $185,041.44. Following the completion of the sale, the executive vice president owned 157,184 shares in the company, valued at approximately $10,701,086.72. This represents a 1.70% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 82,965 shares of company stock worth $5,559,996. Corporate insiders own 0.01% of the company’s stock.

Cisco Systems Stock Down 0.6%

Shares of Cisco Systems stock opened at $67.92 on Friday. The company has a current ratio of 1.00, a quick ratio of 0.91 and a debt-to-equity ratio of 0.49. The business’s 50 day simple moving average is $68.10 and its 200-day simple moving average is $64.57. The stock has a market capitalization of $268.50 billion, a price-to-earnings ratio of 25.92, a PEG ratio of 2.87 and a beta of 0.97. Cisco Systems, Inc. has a twelve month low of $52.11 and a twelve month high of $72.55.

Cisco Systems (NASDAQ:CSCO) last announced its quarterly earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share for the quarter, topping analysts’ consensus estimates of $0.98 by $0.01. The business had revenue of $14.67 billion for the quarter, compared to analysts’ expectations of $14.63 billion. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.The business’s quarterly revenue was up 7.6% on a year-over-year basis. During the same period in the prior year, the firm earned $0.87 EPS. Cisco Systems has set its Q1 2026 guidance at 0.970-0.990 EPS. FY 2026 guidance at 4.000-4.060 EPS. Equities research analysts forecast that Cisco Systems, Inc. will post 3.04 earnings per share for the current year.

Cisco Systems Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 22nd. Stockholders of record on Friday, October 3rd will be given a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date is Friday, October 3rd. Cisco Systems’s dividend payout ratio is presently 62.60%.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. Deutsche Bank Aktiengesellschaft upgraded Cisco Systems from a “hold” rating to a “buy” rating and boosted their price target for the stock from $65.00 to $73.00 in a research note on Monday, June 16th. Bank of America boosted their price target on Cisco Systems from $76.00 to $85.00 and gave the stock a “buy” rating in a research note on Thursday, August 14th. Barclays boosted their price target on Cisco Systems from $66.00 to $71.00 and gave the stock an “equal weight” rating in a research note on Thursday, August 14th. Hsbc Global Res lowered Cisco Systems from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 15th. Finally, Evercore ISI boosted their price target on Cisco Systems from $72.00 to $74.00 and gave the stock an “in-line” rating in a research note on Thursday, August 14th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and ten have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $74.53.

Cisco Systems Company Profile

Cisco Systems, Inc designs, manufactures, and sells Internet Protocol based networking and other products related to the communications and information technology industry in the Americas, Europe, the Middle East, Africa, the Asia Pacific, Japan, and China. The company also offers switching portfolio encompasses campus switching as well as data center switching; enterprise routing portfolio interconnects public and private wireline and mobile networks, delivering highly secure, and reliable connectivity to campus, data center and branch networks; wireless products include wireless access points and controllers; and compute portfolio including the cisco unified computing system, hyperflex, and software management capabilities, which combine computing, networking, and storage infrastructure management and virtualization.